Euro / U.S. DollarShort
EURUSD - Daily Selling Pressure Building
Greetings Fellow Traders,
This isn't an immediate trade, but it's one of a select few on my radar while other trades continue to be extremely successful. It's good to look ahead, but never jump the gun, wait til the entry fits your style personally.
On the Weekly Scale, EURUSD has all but confirmed the resistance near 1.1450-1.15 is still very large and in charge.
As of this posting, I will be looking to sell the EURUSD on a rally higher, or a break of the bullish strength as indicated on the chart. This is the daily chart so please keep in mind that there still could be several days before a desirable entry occurs.
Targets for the moment would likely be limited above 1.10000 - below this would represent a new trade for me.
Feel free to comment/like/follow or share your ideas!
This isn't an immediate trade, but it's one of a select few on my radar while other trades continue to be extremely successful. It's good to look ahead, but never jump the gun, wait til the entry fits your style personally.
On the Weekly Scale, EURUSD has all but confirmed the resistance near 1.1450-1.15 is still very large and in charge.
As of this posting, I will be looking to sell the EURUSD on a rally higher, or a break of the bullish strength as indicated on the chart. This is the daily chart so please keep in mind that there still could be several days before a desirable entry occurs.
Targets for the moment would likely be limited above 1.10000 - below this would represent a new trade for me.
Feel free to comment/like/follow or share your ideas!
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